The clearest signal but Newcastle will construct a brand new stadium near St James’ Park?

Newcastle United’s chief working officer Brad Miller has been speaking up the alternatives obtainable ought to the membership construct a model new stadium near St James’ Park, admitting this has the potential to DOUBLE income.

Talking final evening on the “We Are United” fan occasion on the membership’s STACK fan zone, Miller was on stage alongside Darren Eales (CEO), Paul Mitchell (sporting director), Peter Silverstone (chief business officer) and Simon Capper (chief monetary officer) and confirmed that the membership are “critically” contemplating constructing a brand new stadium “that wouldn’t be far-off” from our present residence.

Discussing the robust selections forward, such because the potential to increase at St James’ Park or construct a very new stadium close by, Miller highlighted the professionals and cons:

“We now have additionally taken the chance to have a look at what’s going to a brand new stadium appear to be,” Miller stated. “It’s not evaluating apples with apples, they aren’t like for like. It’s evaluating apples with pears.

“The good factor about St James’ is it’s in an iconic location, the environment and the aggressive edge it offers the crew on the pitch, and it has 52,000 seats already. However a brand new stadium doesn’t have that and we’d must pay for all these seats once more.

“A brand new stadium has the potential to earn much more, each on matchdays and non-matchdays, a bit like STACK. It’s giving us a sign that we are able to really contribute much more to the soccer membership and soccer facet if we had a brand new stadium.”

“It’s a once-in-a-lifetime alternative. Will we make investments and remodel St James’ as we see it right now on the positioning the place we’re? Or can we take that daring transfer and take into consideration transferring?

Miller then careworn that the ultimate determination shall be with the membership’s ‘long-term competitiveness in thoughts, but additionally one which consults supporters as we method the briefing stage of the method:

“We need to be certain it’s a very strong course of. So whatever the end result, I need to rise up in entrance of all people all through the method and say, ‘For this reason it’s a logical determination, with long-term competitiveness in thoughts.’ As a result of as you have got heard lots, it’s all about income and PSR (the Premier League’s revenue and sustainability guidelines). We now have to work exhausting to ensure we give as a lot cash as doable to Paul (Mitchell) and the soccer facet with a purpose to stay aggressive on the sector.

“When it comes to subsequent steps, we’re coming in the direction of the top of the subsequent stage, the briefing stage. There are loads of dangers and alternatives at St James’. We now have to take time to dig into these and ensure we’ve bought the satan within the element — by way of the programme, how lengthy it can take and what it can do for us by way of income.”